20-80 Inverse Pareto (related to Claims)
Manage episode 438776537 series 3142759
Most people understand the 80/20 Rule. This is called the Pareto Principal. In this episode, John explains How only 20% of the members on a group health plan contribute 80% of the claims. You also learn that only 2% of the members actually contribute about 50% of the overall claims.
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